ECB worried about the impact of China-US trade war led to China’s economic growth,
The market is generally expected to raise interest rates at the end of 2019 may be postponed to the next year.
The market’s interest rate hike is expected to have moved to early 2020 as the euro zone’s growth has fallen to a four-year low.
Another ECB official said that not all ECB officials support the postponement of interest rate hikes.
Many people have stressed that China’s economic slowdown has also affected the growth of the euro zone. The China economy is too important for Europe.